INDUSTRIAL TOOL PRODUCTS, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan INDUSTRIAL TOOL PRODUCTS, INC. PROFIT SHARING PLAN
401k plan membership statisitcs for INDUSTRIAL TOOL PRODUCTS, INC. PROFIT SHARING PLAN
| Measure | Date | Value |
|---|
| 2010: INDUSTRIAL TOOL PRODUCTS, INC. PROFIT SHARING PLAN 2010 401k membership |
|---|
| Total participants, beginning-of-year | 2010-07-01 | 15 |
| Total number of active participants reported on line 7a of the Form 5500 | 2010-07-01 | 10 |
| Number of retired or separated participants receiving benefits | 2010-07-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2010-07-01 | 5 |
| Total of all active and inactive participants | 2010-07-01 | 15 |
| Total participants | 2010-07-01 | 15 |
| Number of participants with account balances | 2010-07-01 | 15 |
| 2009: INDUSTRIAL TOOL PRODUCTS, INC. PROFIT SHARING PLAN 2009 401k membership |
|---|
| Total participants, beginning-of-year | 2009-07-01 | 15 |
| Total number of active participants reported on line 7a of the Form 5500 | 2009-07-01 | 10 |
| Number of retired or separated participants receiving benefits | 2009-07-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2009-07-01 | 5 |
| Total of all active and inactive participants | 2009-07-01 | 15 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2009-07-01 | 0 |
| Total participants | 2009-07-01 | 15 |
| Number of participants with account balances | 2009-07-01 | 15 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2009-07-01 | 0 |
| Measure | Date | Value |
|---|
| 2011 : INDUSTRIAL TOOL PRODUCTS, INC. PROFIT SHARING PLAN 2011 401k financial data |
|---|
| Total income from all sources | 2011-06-30 | $206,280 |
| Expenses. Total of all expenses incurred | 2011-06-30 | $251,103 |
| Benefits paid (including direct rollovers) | 2011-06-30 | $251,076 |
| Total plan assets at end of year | 2011-06-30 | $574,641 |
| Total plan assets at beginning of year | 2011-06-30 | $619,464 |
| Value of fidelity bond covering the plan | 2011-06-30 | $100,000 |
| Total contributions received or receivable from participants | 2011-06-30 | $49,435 |
| Expenses. Other expenses not covered elsewhere | 2011-06-30 | $27 |
| Other income received | 2011-06-30 | $142,826 |
| Net income (gross income less expenses) | 2011-06-30 | $-44,823 |
| Net plan assets at end of year (total assets less liabilities) | 2011-06-30 | $574,641 |
| Net plan assets at beginning of year (total assets less liabilities) | 2011-06-30 | $619,464 |
| Total contributions received or receivable from employer(s) | 2011-06-30 | $14,019 |
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